Analyst Site Visit to Croatia

RNS Number : 0346R

PPHE Hotel Group Limited

12 June 2018

 

PPHE Hotel Group Limited

("PPHE Hotel Group" or the "Company")

Analyst Site Visit to Croatia

PPHE Hotel Group Limited, an international hospitality company which owns and develops hotels and resorts, operates the Park Plaza® brand in EMEA and owns the art'otel® brand, is hosting an analyst site visit to Croatia to visit properties owned and operated by its subsidiary company Arena Hospitality Group d.d ("Arena"), one of Croatia's best-known hospitality groups.

During the visit PPHE Hotel Group and Arena senior management will give an overview of Arena's operations along with a tour of its properties in Pula and Medulin, Croatia.

No new material information will be disclosed.

Enquiries:

Hudson Sandler (Financial Public Relations)
Wendy Baker/ Sophie Lister	Tel: [phone]

Notes to editors

The Company is a Guernsey registered company and through its subsidiaries (the Group), jointly controlled entities and associates, owns, leases, operates, franchises and develops full-service upscale, upper upscale and lifestyle hotels in major gateway cities, regional centres and select resort destinations, predominantly in Europe.

The majority of the Group's hotels operate under the Park Plaza® Hotels & Resorts or art'otel® brands.  The Group has an exclusive licence from Carlson Hotels Worldwide Inc., one of the world's largest hotel groups, to develop and operate Park Plaza® Hotels & Resorts in Europe, the Middle East and Africa.

The art'otel® brand is wholly owned by the Group.

The Group has a controlling ownership interest (51.97% of the share capital) in Arena Hospitality Group, one of Croatia's best-known hospitality groups.

The Group's portfolio of owned, leased, managed and franchised hotels comprises 39 hotels in operation offering a total of approximately 9,000 rooms. The Group's development pipeline includes two new hotels which are expected to add an additional 500 rooms by the end of 2022.

Company websites:

www.pphe.com 

www.arenahospitalitygroup.com

For reservations:

www.parkplaza.com

www.artotels.com

www.arenaturist.com

For images and logos visit www.vfmii.com/parkplaza

 

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